development are likely to do immense damage to the UK economy. The report's author, Romesh Vaitilingam, stated that evidence suggests private sector spending and productivity is encouraged by public sector spending. See also United Kingdom government austerity programme Financial crisis of 2007–2008 United Kingdom coalition government (2010–2015) Finance (No.2) Act 2010 Notes External links June 2010 Budget Budget glossary, The Guardian, 22 June 2010 Finance Bill 2010–11 Budget 2010-06 United Kingdom,06 United Kingdom budget George Osborne